87 Stewart Dr , Edgewater, MD 21037
Waiting List Forecast: Likely Short or None
Verified for 2018 by Alli Poe, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $478 - 1,210 per Month† | 1 - 2 Beds | 1 - 2 Baths | 650 - 1,000 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Victoria Park at Edgewater, located in Edgewater, Maryland is the ideal community in Anne Arundel County to spend your retirement years. Victoria Park at Edgewater offers quality senior living for ages 62+ at an affordable rent. With a variety of well-designed one and two bedroom floor plans to choose from, your new home will include all of the modern features you need, including a fully equipped kitchen with a breakfast bar, washer and dryer connections and multiple closets providing abundant storage space. Victoria Park at Edgewater is a pet-friendly senior apartment community, allowing pets up to 40 lbs.
At Victoria Park you will find an array of amenities to suit your active lifestyle. Activities abound, you can work out in the fitness center, transform your creativity into reality in the arts and crafts room or participate in a variety of educational and social events and activities offered at the community. Practice your talent on the grand piano located in our community room or challenge your neighbor to a game of pool in the billiards room. Our cozy fireplace is the perfect place to catch up with neighbors or relax with a new book. Our friendly onsite management and maintenance team provide superior customer service and 24 hour emergency maintenance.
With an ideal location in Anne Arundel County, Victoria Park is within a mile to a variety of restaurants and shopping centers. Just a few miles north on Solomons Island Road is the state capital, Annapolis, where you can visit the Annapolis Towne Center or enjoy a day downtown by the Severn River and Chesapeake Bay. Providing convenience, accessibility and outstanding amenities, Victoria Park at Edgewater is the perfect community to spend your retirement years!
Because Victoria Park At Edgewater participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Heron (1/1) | 650ft2 | $478 $656† |
| Mallard (2/2) | 1000ft2 | $1,210† |
| Osprey (2/1) | 881ft2 | $785 $1,200† |
| Sandpiper (2/2) | 934ft2 | $1,210† |
| Egret (2/2) | 997ft2 | $1,210† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year |
| 50% AMI for PBRA Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year |
| 60% AMI for LIHTC Units | $51,120 / year | $58,440 / year | $65,760 / year | $73,020 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Victoria Park At Edgewater have a waiting list?
Victoria Park At Edgewater probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Victoria Park At Edgewater?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Victoria Park At Edgewater?
Victoria Park At Edgewater is managed by Avanath Capital headquartered in Irvine, CA.
In addition to Victoria Park At Edgewater, how many other affordable housing properties (and units) are there in Anne Arundel County?
In addition to Victoria Park At Edgewater, we list 121 other affordable properties in Anne Arundel County. Learn about these properties here. Our data research shows that there are a total of 5531 affordable units in Anne Arundel County.
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